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Jan 16, 2013
01/13
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revenues have dropped and the tax measure to pick up the cost on those lost revenues was voted down. >> san jose police are investigating an attempted kidnapping of its 2 year-old girl. it happened around 5:30 p.m. last night in the 200 block of adayo courts. the mother was uncomfortable and picked up the child. the man then grab the girls' legs and tried to pull her out of her mother's arms. the mother was able to wrestle her daughter out of the man's hands and then he ran a way. at the man is described as hispanic, between 20 to 30 years old, when a red baseball hats and blue jays. >> oakland safety committee has unanimously voted to hire a " safety consultant " to help the city's police apartment combat rising crime. the men they're considering for the job is former los angeles police chief losbrattpm/ not everyone is thrilled about the idea. at last night's meeting, dozens of city residents voiced their concern about him. but oakland police chief howard jordan insists that he supports the policy and he will not interfere with the police department's efforts to build a relationshi
revenues have dropped and the tax measure to pick up the cost on those lost revenues was voted down. >> san jose police are investigating an attempted kidnapping of its 2 year-old girl. it happened around 5:30 p.m. last night in the 200 block of adayo courts. the mother was uncomfortable and picked up the child. the man then grab the girls' legs and tried to pull her out of her mother's arms. the mother was able to wrestle her daughter out of the man's hands and then he ran a way. at the...
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Jan 16, 2013
01/13
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president said if he got his tax increase he would cut spending. he needs to fulfill that promise, but this is an important time for us to decide that we're going to make those hard decisions and cut spending. you really got two choices. we can balance the budget this year by not raising the debt limit or we can do the democrats' ray way and never raise it at all. actually, you are going to hear conservatives present a third option and that is put us on a path to balance within ten years. we can do that without cutting anything from what americans are expecting. that is what we need to do. >> neil: what bothers me the most, senator, we go through elaborate hoops to avoid this thing, trillion dollar coin even 14th amendment and giving the president sole discretion and then address the underlying problems that keeps creating that. why do we do that? >> the problem is not the debt ceiling or debt limit the problem is the debt. the reason why we have a legal limit on the debt if we keep borrowing we're going to hurt everyone who lives there. i think th
president said if he got his tax increase he would cut spending. he needs to fulfill that promise, but this is an important time for us to decide that we're going to make those hard decisions and cut spending. you really got two choices. we can balance the budget this year by not raising the debt limit or we can do the democrats' ray way and never raise it at all. actually, you are going to hear conservatives present a third option and that is put us on a path to balance within ten years. we...
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Jan 22, 2013
01/13
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a carbon tax. the president says we must recognize the climate danger, forest fires, powerful storms, they're signs that climate change is real, it hurts and it must do something about it. here it comes, a carbon tax. if the president doesn't get a tax through congress, he will issue executive orders, other way you'll pay more in energy taxes or energy prices. in his inaugural address he spent more time on climate change than any other single issue. environmentalists ecstatic, the foreign media client. and the world's great minds will call for a 14 trillion dollar global greening. this is tuesday, january the 22nd, the day after the most liberal, all-government, all the time inauguration speech in memory. "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to a
a carbon tax. the president says we must recognize the climate danger, forest fires, powerful storms, they're signs that climate change is real, it hurts and it must do something about it. here it comes, a carbon tax. if the president doesn't get a tax through congress, he will issue executive orders, other way you'll pay more in energy taxes or energy prices. in his inaugural address he spent more time on climate change than any other single issue. environmentalists ecstatic, the foreign media...
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Jan 23, 2013
01/13
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taxes. he is facing in the 13 percent income tax on millionaires in california and an increase in its federal tax rate to 39%. now, you would have thought somebody shot bambi. forbes been a business and cider and other sticking issue with all its most popular player because he dared to complain publicly about tax rates. move over. the you like those pictures? it's great to see him. i say leave him alone. look, even highly popular athletes have freedom of speech. you don't have to go too far to find sports figures that say things more ridiculous. new york jets player antonio, marty. he could not even name all ten of his kids, for goodness sake. or baseball player alex rodriguez to said therapy can be therapeutic. right. the last time i looked all americans have freedom of speech, not just occupy wall street protesters. what's more, there may well be a lot more complaining in the future. democrats say any budget they submit will have higher taxes associated with it. that's right. they're not d
taxes. he is facing in the 13 percent income tax on millionaires in california and an increase in its federal tax rate to 39%. now, you would have thought somebody shot bambi. forbes been a business and cider and other sticking issue with all its most popular player because he dared to complain publicly about tax rates. move over. the you like those pictures? it's great to see him. i say leave him alone. look, even highly popular athletes have freedom of speech. you don't have to go too far to...
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Jan 17, 2013
01/13
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i could tax and engineers who made the list were looking for wood frame, older and shorter buildings. they say they have the most potential for collapse or sustaining damage during an earthquake. >> a live look the san mateo bridge and everything looks quiet in clear right now. >> as we take a look at the temperature is right now it is north of the shot that we are seeing very cold conditions. concord is at 28 degrees at the freezing mark and livermore. downtown san francisco and waking up to 44 so a mild start there. 43 in hayward and upper 30s in oakland. at 10 mi. of visibility at s f o and there or are no flight delays this morning. santa rosa the visibility is down to 3 mi. heavy fog also falls into the livermore at valley. keep a safe distance between you and the car in front of you. we applaud the contend with in the north bay and temperatures are a little higher this morning so there's more moisture in the air. the good news is later on today we are certainly looking to see an improvement. future cast force rose by 8:00 a.m. low 50s along the coast. most of us predominately in
i could tax and engineers who made the list were looking for wood frame, older and shorter buildings. they say they have the most potential for collapse or sustaining damage during an earthquake. >> a live look the san mateo bridge and everything looks quiet in clear right now. >> as we take a look at the temperature is right now it is north of the shot that we are seeing very cold conditions. concord is at 28 degrees at the freezing mark and livermore. downtown san francisco and...
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Jan 23, 2013
01/13
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i'm going to put the push on to get rid of a corporate tax or personal income tax and maybe to people who are very sensitive and are so wealthy they have the power to move, i can attract them to my state. we're seeing it in places like nebraska and louisiana piling on. this is an opportunity? >> governor perry in texas is famous going on hunting trips to california where he visits ceos. melissa: right. >> gives them a cell phone. here is my personal number. call me anytime. tell me what i can do to attract you to texas. we have several states with offices set up in california because we're so vulnerable here. hundreds of companies leave every year. you make a good point about phil mickelson has options. so do a lot of companies. they can go elsewhere and do out of california. melissa: is that story about governor perry true? i heard that before. do governors have hair their own cell phone? >> he does. literally gives cell phone, has one number programmed. call me anytime. tell me what i can do. our leaders are not doing that, they're dismissive about companies leaving. they say it is
i'm going to put the push on to get rid of a corporate tax or personal income tax and maybe to people who are very sensitive and are so wealthy they have the power to move, i can attract them to my state. we're seeing it in places like nebraska and louisiana piling on. this is an opportunity? >> governor perry in texas is famous going on hunting trips to california where he visits ceos. melissa: right. >> gives them a cell phone. here is my personal number. call me anytime. tell me...
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Jan 15, 2013
01/13
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the dividend tax rates would go up dramatically in 2013. as the market moves on, take some money off the table, what we found the last three years is if you bought with the s&p is under the moving average, your average gain is 45.3%. if you bought when it was over the moving average, your average gain is 1.5% per year. i still think it'll be a back-and-forth market. take some profits in the euphoria. david: we think about what is happening inside the beltway. it is a global market. it is becoming more of a global market. you see global trade is really taking off in 2013. that leads to tremendous opportunities if it happens, right? >> i think so, david. evaluations are compelling whether it is europe, china. emerging market and even in japan. on the way to unlock the valuations and as investors come around to realizing those risks are receding, you will see a compression of the equity risk premium allowing evaluations to expand. david: lets michelle and she won one of those countries, japan. some people say this new leader going in the oppos
the dividend tax rates would go up dramatically in 2013. as the market moves on, take some money off the table, what we found the last three years is if you bought with the s&p is under the moving average, your average gain is 45.3%. if you bought when it was over the moving average, your average gain is 1.5% per year. i still think it'll be a back-and-forth market. take some profits in the euphoria. david: we think about what is happening inside the beltway. it is a global market. it is...
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Jan 22, 2013
01/13
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and when we returned back to work on january 2nd, our first call was to our tax advisors, and tax advisors across the country their phones are ringing off the hook on january 2nd, all of us learning what's going on in terms of the new legislation, that-- >> so, i'm curious, you know, what would you like to see the republican house do when it comes to a question of the debt ceiling in recognition of all of this economic-- all of these decisions have an impact on small businesses and the fact that we have gridlock in d.c.? do you want to see them work more with the president and try to get a solution as to maybe, the little less extreme than what the president wants or do you want them to dig their heels in the ground and fight it tooth and nail? >> and the principals, they have to understand they only control one third of the government and they have to work with the president to come to a resolution, and the first thing i'd like to see the senate pass a budget. senate hasn't passed a budget in over four years at this point. i think what's going to happen on the debt ceiling they're going t
and when we returned back to work on january 2nd, our first call was to our tax advisors, and tax advisors across the country their phones are ringing off the hook on january 2nd, all of us learning what's going on in terms of the new legislation, that-- >> so, i'm curious, you know, what would you like to see the republican house do when it comes to a question of the debt ceiling in recognition of all of this economic-- all of these decisions have an impact on small businesses and the...
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Jan 22, 2013
01/13
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it was all tax increases. $15 million in spending cuts. republicans have to get their acts together to negotiate better on the debt ceiling and other things. neil: what is the overture on the republican party? saying that they are going to push for a three-month extension? >> sure, what i read in it was from a pr standpoint in saying that gets all is a bad idea and will hurt the economy. and for economy a year and a half ago. republicans are saying that maybe it's a smart move in the sense that they want to say enough of this pr stunt. let's take the falls off the table but let's get to the real essence of spending cuts. the president is going to keep coming back. but it's more revenue. but it's more tax increases. we knew that in the campaign. neil: there is this paraphrase between the rich and the poor that you alluded to. maybe he has not done this. >> i don't think he is done on more tax increases. neil: more deductions? >> deductions and perhaps more rate hikes. this was alluded to during the fiscal cliff talks by various democratic l
it was all tax increases. $15 million in spending cuts. republicans have to get their acts together to negotiate better on the debt ceiling and other things. neil: what is the overture on the republican party? saying that they are going to push for a three-month extension? >> sure, what i read in it was from a pr standpoint in saying that gets all is a bad idea and will hurt the economy. and for economy a year and a half ago. republicans are saying that maybe it's a smart move in the...
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Jan 23, 2013
01/13
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high taxes drive people away from high-tax state and countrys. >> bob: going to texas? i lived in texas. want to live in texas? >> andrea: what is ironic it hurts the welfare state in the end. it hurts the programs. you need the individual. it's not -- collectivism doesn't work without the small business. >> greg: yeah. >> dana: other thick the left does is they are good at getting you to shut up. they don't want conservatives to talk. freddie that was the pre-emptive apology. >> bob: left doesn't want conservatives to talk? >> dana: right. >> bob: you talk more than anybody i know. dabs i want the word count of the show. >> bob: good idea. four against one. >> andrea: i apologize for what i say in the rest of the show before i say it. >> greg: okay. good to know. >> dana: preapology accepted. >> greg: we should apology in the "a" block. >> dana: where do i apologize -- what do i apologize for? >> greg: where to start. the things you say in break. pickbetures of your dog. coming up, the world's most eligible bachelor -- kidding about the dog. prince harry, royalty stori
high taxes drive people away from high-tax state and countrys. >> bob: going to texas? i lived in texas. want to live in texas? >> andrea: what is ironic it hurts the welfare state in the end. it hurts the programs. you need the individual. it's not -- collectivism doesn't work without the small business. >> greg: yeah. >> dana: other thick the left does is they are good at getting you to shut up. they don't want conservatives to talk. freddie that was the pre-emptive...
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Jan 17, 2013
01/13
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all of those things are in big, big trouble. >> bob: it's up there with taxes. healthcare. immigration. education is below it. >> andrea: he can't do both or he won't? >> bob: first, you listen to these things the reason we're in trouble is the republicans refuse, they are holding us hostage on that. >> dana: that is not fair and it's not true. >> bob: it is too true. if they would come up dopped the right thing. >> dana: was it true in 2007 when obama voted against -- >> bob: i talked about this. a bad mistake to do it now. no it's the republicans fault? it is the republicans fault. unemployment increase for 15 straight months, manufacturing up. trade up. you look around the economy and things you listed you can pick them out. economy is growing across the board. back to a recovery. a strong recovery. >> greg: do you think in a weird way this is a distraction? there is another gun violence going on. going on in chicago. they choose not to discuss. that is interesting. >> andrea: wyoming and texas taking it in their own hands. >> bob: sometimes presidents take something and
all of those things are in big, big trouble. >> bob: it's up there with taxes. healthcare. immigration. education is below it. >> andrea: he can't do both or he won't? >> bob: first, you listen to these things the reason we're in trouble is the republicans refuse, they are holding us hostage on that. >> dana: that is not fair and it's not true. >> bob: it is too true. if they would come up dopped the right thing. >> dana: was it true in 2007 when obama voted...
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Jan 16, 2013
01/13
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they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond our means. they, in because of the business atmosphere and because we like visitors. a friendly place. the idea of getting to the numbers that you talked about during the first part of the interview and getting through the projections that this particular group put out that this $9 billion gap, specifically, how do you get there sure mark where did the cuts come from? >> i do not know where that number came. there will be a supplemental appropriations bill which we filed in a few weeks. they will fill some of the medicaid that we do not have. it is available in the surplus and it is av
they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond...
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Jan 16, 2013
01/13
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if you look at corporate taxes, they are all trending in the right direction from a public standpoint. the country has a lot of natural resources. liz: but you don't want to become like australia. >> in terms of being a natural resource country, they do have a lot of natural resources companies, but they have other superb financial companies too. the banks and get into all the trouble that we did. liz: canada did not allow -- they have enough good regulations, not overregulated that didn't allow their regulations to take a bad stance. >> that's right, we like nova scotia. it's a very interesting story. one more thing, it is possible to have relations with china through canada. second-largest exporter and that is key to fueling the industry -- the steel industry. liz: that's right, huge in canada and natural technology resources. jay, nice to see you, thank you for joining us. my parents are canadian. don't be all excited that they will be that we mention canada. shares of one company traveling higher today, we will tell you which luggage maker is doing well. . . . .. look, if you have
if you look at corporate taxes, they are all trending in the right direction from a public standpoint. the country has a lot of natural resources. liz: but you don't want to become like australia. >> in terms of being a natural resource country, they do have a lot of natural resources companies, but they have other superb financial companies too. the banks and get into all the trouble that we did. liz: canada did not allow -- they have enough good regulations, not overregulated that...
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Jan 22, 2013
01/13
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we have a tax code now that is so much more complex. we heard all this talk about simplification last year. we've gone in exactly the opposite direction, putting in all of these deals for special interests and now you're not even sure whether, what your exact rate is depending when you book business. how are you sorting all that out? >> well, it's a challenge. i think about our franchises. most of them are sole proprietors. so their taxes are being passed through the entity that they own. for every dollar that they're paying in additional tax, that is one less dollar they can put back into growing their businesses and creating jobs. we're kind of starving the goose that feeds the golden egg of producing more jobs. david: well, at least you are growing partly as a result of all the complication. people want to go into a franchise. dina owens, from the dwyer group. >> thanks, david. david: appreciate it. lauren: the bank of japan taking a page out of our playbook and announcing it will buy government bonds. up next find out why this could
we have a tax code now that is so much more complex. we heard all this talk about simplification last year. we've gone in exactly the opposite direction, putting in all of these deals for special interests and now you're not even sure whether, what your exact rate is depending when you book business. how are you sorting all that out? >> well, it's a challenge. i think about our franchises. most of them are sole proprietors. so their taxes are being passed through the entity that they own....
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Jan 22, 2013
01/13
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that figure does not include his property taxes, his utility taxes, his telephone taxes and the rest of it. now, what is to stop him jumping ship? why doesn't he just cross the state line, go into nevada, why doesn't he go to texas? texas has no state income tax, if he did that he'd be saving himself 13.3% of everything he makes over a million dollars. that's a lot of money. >> alisyn: he has since backed off his comments as you said people came done on him for talking about this he says now he doesn't have a quote, definitive plan and his apology says he should not have spokesen out about taxes, his income it's a very personal thing. >> hold on he apologized to people that he upset or offended. since when has had an american with talent, brains, drive, ambition, makes good, why should you apologize for making money? why should you apologize for complaining that the government is taking two-thirds of your income? i just don't think that's legit. >> alisyn: it's so interesting, stu, because again, during the presidential election, the real debate between mitt romney and barack obama w
that figure does not include his property taxes, his utility taxes, his telephone taxes and the rest of it. now, what is to stop him jumping ship? why doesn't he just cross the state line, go into nevada, why doesn't he go to texas? texas has no state income tax, if he did that he'd be saving himself 13.3% of everything he makes over a million dollars. that's a lot of money. >> alisyn: he has since backed off his comments as you said people came done on him for talking about this he says...
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Jan 23, 2013
01/13
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i would love to see territorial tax system, tax reform and get us through the fiscal problem we have right now. liz: what about a tax holiday overseas? >> if they do that, that is even better, but i will not hold my breath for that one. liz: paul jacobs, thank you very much. chairman and ceo of qualcomm. back to you in new york. cheryl: there is still more to come tomorrow from davos. liz will interview coca-cola ceo and kenneth frazier, chairman and ceo of merck. two prominent leaders we cannot afford to miss it. when i have 60 minutes to go. we're counting down the minutes until oh, you know what, apple earnings. big. will the numbers get th the docr decided again? shibani joshi will break it down for you coming up next read axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of pub
i would love to see territorial tax system, tax reform and get us through the fiscal problem we have right now. liz: what about a tax holiday overseas? >> if they do that, that is even better, but i will not hold my breath for that one. liz: paul jacobs, thank you very much. chairman and ceo of qualcomm. back to you in new york. cheryl: there is still more to come tomorrow from davos. liz will interview coca-cola ceo and kenneth frazier, chairman and ceo of merck. two prominent leaders we...
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Jan 15, 2013
01/13
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backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other] stuart: that is my take. big money at the story everybody is talking about today, lance armstrong comes clean on informant -- performance enhancing drugs and made millions in prize money and endorsements, raise a lot of money for his cancer charity. we are a forgiving country. we really are. here is the question. will the nation give him a second chance or is he totally finished? we will ask that question. we have a pr executive on whether it lands can have his image and i have my take on mr. armstrong around 10:28 this morning on this pro
backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other]...
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Jan 17, 2013
01/13
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when you are looking for your friend, maybe you are wanting to tax them. you cannot take it one step further and you can actually call them. facebook is trying to keep its site more sticky. we had graph search on earlier this week. this voice over ip addition will keep people from using other competitive products. no hardware, a software facebook phone. there you have it. connell: we will see if it works. thank you, shibani. dagen: we have some very critical news to bring you. a tent situation in algeria americans are among those being held. a drone is being used to monitor the situation. connell: we have mike baker with us now. what is your take? >> it is conflicting news. there is very little coverage. this is a remote region. this is a part of algeria that is kind of a waste land. this is all that nothing happens in a bubble in this region. the algerian army has been fighting extremists for years and years and years. it was an incredibly dangerous place to be. the armed islamic group was out there fighting the army and you lost hundreds of thousands of
when you are looking for your friend, maybe you are wanting to tax them. you cannot take it one step further and you can actually call them. facebook is trying to keep its site more sticky. we had graph search on earlier this week. this voice over ip addition will keep people from using other competitive products. no hardware, a software facebook phone. there you have it. connell: we will see if it works. thank you, shibani. dagen: we have some very critical news to bring you. a tent situation...
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Jan 22, 2013
01/13
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up next, taking a swing at the new high taxes, plus, mickelson trying to say about wealth and financial success in america, and the obama bible. the president chooses symbolic scriptures from abraham lincoln and martin luther king. what's the message? boston university religion professor joining us here next professor joining us here next with the answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ lou: president obama taking the oath of office on 2 miles today, the first used by president abraham lincoln. the other belonged into martin luther king jr. my next guests is the choice of only underscores the presence legacy as the fst black president but can be read the logical. joining us now, professor of american religion at boston university, author of the american bible, how our words unite, the high command and it is great to have you here. >> thank you for having me. lou: your reaction to the rhetoric. i was talking about this earlier just a couple of experts, if i may. we have never relinquished, he
up next, taking a swing at the new high taxes, plus, mickelson trying to say about wealth and financial success in america, and the obama bible. the president chooses symbolic scriptures from abraham lincoln and martin luther king. what's the message? boston university religion professor joining us here next professor joining us here next with the answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ lou:...
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Jan 23, 2013
01/13
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phil mickelson says he may have to move from california because of tax increases. he said this call back finances and taxes are a personal matter and i should not have made my opinions on them public. he may be backing off his threat to to move but we're noticing a trend of people who should consider it. nicolas sarkozy is among them who wants to move to london to escape the 75% tax rate. that will teach him to lose an election. he is not commenting but his aides are and deny everything. calls to boycott groupon after they decided to stop all the related promotion even concealed weapon courses and shooting ranges a spokesperson says they are based on feedback but would not elaborate. tamara v. will talk with the texas gunshot who was affected by that decision and leading the effort to boycott groupon. they're not the only site showing hostility to conservatives was not allowing conservative blockers to post content but they did apologize to one group. up next and minister netanyahu wins re-election as soon as states makes its first shipment of fighter jets to one o
phil mickelson says he may have to move from california because of tax increases. he said this call back finances and taxes are a personal matter and i should not have made my opinions on them public. he may be backing off his threat to to move but we're noticing a trend of people who should consider it. nicolas sarkozy is among them who wants to move to london to escape the 75% tax rate. that will teach him to lose an election. he is not commenting but his aides are and deny everything. calls...
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Jan 22, 2013
01/13
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and he won tax increases for the top 1%. that's a big deal to him. >> okay. 1985 ronald reagan comes up. he says exactly the opposite. exactly the opposite of barack obama reagan says the government's the problem. we ought to get the government out of the way and unleash the american people who will return the nation to prosperity. reagan very popular president among americans remains so. personally, personally barack obama very popular. i think his personal rate is around 59%. job approval 52. how can this country in the space of, what, almost 30 years, change so dramatically in our philosophy? >> well, first of all, obama today did say that it's a fiction to believe that government alone can solve all of the problems. so he is taking somewhat of a middle course now. if you look at that speech, i mean, it's an odd speech he just threw out things. there is kind of no coherent plan and, again, i think the missed opportunity was to say to the american public and the world, look, this is where i'm going. this is what matters. o
and he won tax increases for the top 1%. that's a big deal to him. >> okay. 1985 ronald reagan comes up. he says exactly the opposite. exactly the opposite of barack obama reagan says the government's the problem. we ought to get the government out of the way and unleash the american people who will return the nation to prosperity. reagan very popular president among americans remains so. personally, personally barack obama very popular. i think his personal rate is around 59%. job...
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Jan 20, 2013
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california, an ngry homeowner getting his version of revenge on the tax man. upset in the 14,000 tax bill and the man paying most of it in change wheeling in nickels and dimes. >> i had to borrow money and missing a few payments . my grand kids piggy bank my daughter's piggy banks and my mon yechange and a lot of people offered to help. >> the clerk surprised to say the least but accepted it after counting it. pennsylvania. penguins on parade. stars of the show waddling their way past crowds of curious family. >> she was excite we ran all the way here. >> they were wademing aroundd and they will do this every weekend through february. >> that's the fox watch in america. car lovers from all over putting the pedal to the medal and racing to scottsdale, arizona . you have to go there to get the coolest cars . it is it best to steer clearr of the auctioneer who i understand is going crazy right now . auctioning in full speed. i could listen to that all day. they will pick up that for his wife. their anniversary. good bless them. >> sale of the hot wheels expected
california, an ngry homeowner getting his version of revenge on the tax man. upset in the 14,000 tax bill and the man paying most of it in change wheeling in nickels and dimes. >> i had to borrow money and missing a few payments . my grand kids piggy bank my daughter's piggy banks and my mon yechange and a lot of people offered to help. >> the clerk surprised to say the least but accepted it after counting it. pennsylvania. penguins on parade. stars of the show waddling their way...
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Jan 16, 2013
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stuart: drop the personal income tax at the state level and they switch to a sales tax. that's what they are talking about doing. liz: it's being criticized because it's being considered regressive. stuart: but everybody pays. liz: i don't like the government of the state knows my income. that bothers me. charles: making exception for food groceries and also utilities. stuart: that's true. nebraska's governor joins us tomorrow on this program. he's going to talk about all this, 9:20 eastern is when we kick it off. the highlight reel is next. stuart: a program note. tomorrow charles payne sit in this chair. i am out, charles and in. here is a highlight reel. the new gum law
stuart: drop the personal income tax at the state level and they switch to a sales tax. that's what they are talking about doing. liz: it's being criticized because it's being considered regressive. stuart: but everybody pays. liz: i don't like the government of the state knows my income. that bothers me. charles: making exception for food groceries and also utilities. stuart: that's true. nebraska's governor joins us tomorrow on this program. he's going to talk about all this, 9:20 eastern is...
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Jan 22, 2013
01/13
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we just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the number one factor that is creating jobs in the economy over the last three years has been the oil and gas sector. dagen: you would be not a smart politician if you got in the way of that in the next four years. steve, by the way, 2100 words in that address and job or jobs was noted three times. steve, it was great to speak with you. >> people should read in our "wall street journal" today, we have an excerpt from ronald reagan's inauguration. the job market was really expanding back in. dagen: steve, great to speak with you. take care. connell: we broug
we just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the...
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Jan 16, 2013
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obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we go just leave me with an overview of how you feel this has gone tonight. >> listen, it's been a good discussion. but something has to happen. and i hope the president takes a very strong measure tomorrow and i hope congress has the courage to back him up with the appropriate legislation. although i have my doubts because their past has not been any indication that they'll take strong action in the future. but i'll try to be optimistic. listen, i've heard a lot of people talk about reality checks. i've been a cop 42 years. i've been to hundreds if not thousands of crime scenes. don't know how many homi
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we...
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Jan 16, 2013
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the government hiked taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since february of 11. liz: that is good. >> yes, there are some positive things. extra money going into the economy has helped. people feel good about it but there is a problem lying in the weeds or woods, whatever, and that is if the income was taken last year, that means income this quarter is going to be down year-over-year you even get to the higher tax rates that are kicking in now. so we're going to have a problem in terms of comparisons both year-over-year and sequentially going forward here. income growth, take-home pay for people, unless there is a phenomenal pickup somewhere in the economy and ce
the government hiked taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since...
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Jan 19, 2013
01/13
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people would put money into these plans and grow tax deferred and the benefit of growth with the tax deferral is significant. the goal is stay away from dipping into those plans, right? and however, you have a current economy with sluggish gdp growth, languishing employment market that just continues. so now people are going, i think that the "washington post" did a study that one in four people now have tapped into their retirement 401(k) plans in order to pay like you said, everyday expenses. one of the things to think about is, and i know arthel, this isn't the greatest thing, but maybe a second part-time job. maybe one thing rather than tapping into that, you can earn extra income if you have the ability to do that. another way to do this potentially is if you have a strong credit score and you have some equity in your home, you could take out a home equity line of credit and write off the interest payments. interest rates are very low at this current time. so you can take advantage of the fact that they are low when borrowing against your home, if you have equity in your home. i
people would put money into these plans and grow tax deferred and the benefit of growth with the tax deferral is significant. the goal is stay away from dipping into those plans, right? and however, you have a current economy with sluggish gdp growth, languishing employment market that just continues. so now people are going, i think that the "washington post" did a study that one in four people now have tapped into their retirement 401(k) plans in order to pay like you said, everyday...
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Jan 17, 2013
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now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over the years,
now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and...
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Jan 15, 2013
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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Jan 23, 2013
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pay another business tax here. there is no end so we decided end it. >> reporter: after california voters raised taxes on the rich. the top earners mad earners paid 5% more for the feds, 7 more for the state. this tax consultant is thinking of moving out of california. he has clients studying a similar move. >> as soon as prop 30 happened i saw a huge change in the mindset. it's almost as if, well that's -- that pushes it to the limit i guess. they are fed up with the situation and they feel it like they are being unfairly created. >> reporter: these charts show you why. the top 5% of california taxpayers, those over $250,000 pay 62% of state income taxes. the top 2% pay 46%. while just 34,000 taxpayers out of 14 million pay 25% of state taxes. i talked to a lot of these guys, they don't want to go on camera number one they are not dumb, number two they have experts studying where to go and how to do it. others, because their income is from capital investments they are going to leave. you have to sell all your prop
pay another business tax here. there is no end so we decided end it. >> reporter: after california voters raised taxes on the rich. the top earners mad earners paid 5% more for the feds, 7 more for the state. this tax consultant is thinking of moving out of california. he has clients studying a similar move. >> as soon as prop 30 happened i saw a huge change in the mindset. it's almost as if, well that's -- that pushes it to the limit i guess. they are fed up with the situation and...
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Jan 15, 2013
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so we raise taxes, we got pretty much exactly what obama asked for with a big tax hike and obama's response is, now we need a balanced approach where we raise more taxes. >> megyn: jonah goldberg, thank you. >> thank you. >> megyn: up next, a popular internet activist was faced with a possible 35 years in jail for hacking before took his own life. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. >> fox news alert. we told you at the top of the hour how ejust got word from the white house briefing that the the president will deliver his plan for the gun crackdown, however you want to phrase it, the executive orders that he is prepared to issue on guns in addition to the legislative push that we expect him to make around this time tomorrow. well, moments ago we just learned that the president will be joined by children from around the country who wrote letters to the president in the wake of the newtown tragedy, expressing their concerns
so we raise taxes, we got pretty much exactly what obama asked for with a big tax hike and obama's response is, now we need a balanced approach where we raise more taxes. >> megyn: jonah goldberg, thank you. >> thank you. >> megyn: up next, a popular internet activist was faced with a possible 35 years in jail for hacking before took his own life. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so...
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Jan 21, 2013
01/13
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we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha: yeah. i mean, stuart, as you point out the argument that is being waged now about really tax rerecall follow was something that conservatives offered the first time around as a good way to sort of change the system and bring in more revenues at the same time. now it looks like democrats including nancy pelosi say, no way, there is more revenue can come from this wealthy group. one of them is high-profile golfer looking to evade all of this apparently. >> the news broke this morning. talking about phil mickelson. he is california-based and he has had it with taxes. he says he is going to take dr
we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha:...
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Jan 17, 2013
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jenna: right now, here is a look at a few crime stories we are watching for you today. a former ivy league professor who pleaded guilty to fatally beating his wife as she wrapped christmas gifts it getting paroled from prison. he served five years for voluntary manslaughter in philadelphia. again, getting out on parole. the f.b.i. is offering a hundred thousand dollars, a reward for the so-called ak-47 bank robber. they say the suspect has robbed banks on the west coast and is wanted for shooting and injuring a california police officer. a u.s. soldier accused of killing 16 people in afghanistan will be arraigned today for murder. his name, robert bales. he's charged with gunning down mostly women and children in two villages last march. jon: the high stakes fight over gun control now, with new fallout today after the president unveiled his plans nearly two dozen executive actions, tou
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jenna: right now, here is a look at a few crime stories we are watching for you today. a former ivy league professor who pleaded guilty to fatally beating his wife as she wrapped christmas gifts it getting paroled from prison. he served five years for voluntary manslaughter in philadelphia....
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Jan 22, 2013
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'tis the season for tax. this is going to be one of the most challenging tax filing years in the history of this nation. mark my words. and they need people. they've got 100 extra jobs now. these are immediate. so if you're going to take these jobs, do it this week. they've got five locations. they're expanding. they'll be franchises across the country, more and more americans are realizing i cannot handle my taxes alone. it's too confusing. the tax code is worse, not better. therefore, if you want to be part of smart tax, great position for you. >> brian: allied barton security services. >> personal security. they've got at least 100 jobs over the next few months. excuse me, 100 jobs over the next few months. they like to hire veterans. personal security, this is i.t. this is security for the home. crime rates go up during the recession we saw crime rates go up. people want to be more secure, whether this is a personal security guard, you are someone that's wealthy, celebrities, things like that. or if you w
'tis the season for tax. this is going to be one of the most challenging tax filing years in the history of this nation. mark my words. and they need people. they've got 100 extra jobs now. these are immediate. so if you're going to take these jobs, do it this week. they've got five locations. they're expanding. they'll be franchises across the country, more and more americans are realizing i cannot handle my taxes alone. it's too confusing. the tax code is worse, not better. therefore, if you...
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Jan 23, 2013
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tax blessing number 3, daycare cost. you can put aside tax free money. is that what you're talking about here? >> you get for daycare, we know daycare is not cheap. daycare is so costly, as we all know as parents. in this case, you get $3,000 for each child under the age of 13 for 6,000 for two kids and preteens. you should get in there. it's the child independent care credit. you should get in there and get that. you're paying an astronomical amount for these fees that you pay out to the daycare. >> gretchen: tax blessing number 4, education expenses. i think somebody was calculating, maybe my accountant, college could cost as much as 75, $80,000 a year by the time my kids get there. >> per year, like your accountant said. that's unbelievable. so you should go ahead and there is a few things when you talk about taxes that you can do. so the american opportunity credit, that's worth up to $2,500 and it's for the first four years of education. you have the lifetime learning credit which -- by the way, credits are great rather than deductions and such beca
tax blessing number 3, daycare cost. you can put aside tax free money. is that what you're talking about here? >> you get for daycare, we know daycare is not cheap. daycare is so costly, as we all know as parents. in this case, you get $3,000 for each child under the age of 13 for 6,000 for two kids and preteens. you should get in there. it's the child independent care credit. you should get in there and get that. you're paying an astronomical amount for these fees that you pay out to the...
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Jan 17, 2013
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art laffer, architect of the reagan tax cuts in the 1980s. good morning to you. >> good morning, bill. i'm fine. bill: blackmail, what do you say? >> blackmail! i think part of the normal checks and balances in government. when the democrats have president and controlled of the senate they don't like republicans to control their spending when. republicans are in control, democrats don't like it. it is a tool used by congress to make sure that we have fair and balanced policy going forward. the one i love, bill, if you look at "the wall street journal" today they have barack obama's speech before the senate when bush was president. and how he was going to vote against raising the debt ceiling and he made this beautiful speech, all of which is perfectly correct. it just now he is on the opposite side of the equation. it is a silly argument. bill: he went on to explain as he has see things differently as senator than president in the white house. >> of course you do. >> some conservatives argue this. i want to get your feeling on this. focus on
art laffer, architect of the reagan tax cuts in the 1980s. good morning to you. >> good morning, bill. i'm fine. bill: blackmail, what do you say? >> blackmail! i think part of the normal checks and balances in government. when the democrats have president and controlled of the senate they don't like republicans to control their spending when. republicans are in control, democrats don't like it. it is a tool used by congress to make sure that we have fair and balanced policy going...
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Jan 21, 2013
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more tax hikes on the rich? >> i think that's exactly right. he's not terribly interested in the economic agenda. you would think a country with historically high unemployment, historically we've never had higher chronic unemployment with a recovery that's the weakest since the second world war and with 16 trillion dollars of debt would address that in his inaugural address and the only extent he does, as you mention right here, is sort of class war on what he seems to attribute to the selfishness of the rich, without giving it any serious consideration. so, to the extent he's interested in the economy, he will use it for a little class war, for a little levelling, reduction, inequality. but he's outlined, showing that's not his main interest. the main interest is changing the nature of the relationship between citizen and state, where he restores the prestige of the government, the importance of the government, which used to be the case in the heyday of the liberalism before ronald reagan. >> megyn: when you heard him condemning the name calli
more tax hikes on the rich? >> i think that's exactly right. he's not terribly interested in the economic agenda. you would think a country with historically high unemployment, historically we've never had higher chronic unemployment with a recovery that's the weakest since the second world war and with 16 trillion dollars of debt would address that in his inaugural address and the only extent he does, as you mention right here, is sort of class war on what he seems to attribute to the...